Large Insider Purchases
Institutional-Scale SEC Form 4 Buy Signals
The Signal of $1M+ Conviction
When a corporate executive invests more than $1,000,000 of their own capital into company shares, it represents the highest level of conviction. These seven-figure purchases reflect management's belief in the company's future value.
| Filing Date | Trade Date | Ticker | Company Name | Reporting Person | Relationship | Industry | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-07-25 02:15 | 2018-07-23 | CNST | N/A | TEPPER ROBERT I | Director, 10% owner | Other | BUY | $15.00 | 266,667 | $4,000,005 | 2,983,051 | +9.8% |
| 2018-07-25 02:19 | 2018-07-23 | CNST | N/A | THIRD ROCK VENTURES LP | 10% owner | Other | BUY | $15.00 | 266,667 | $4,000,005 | 2,983,051 | +9.8% |
| 2018-07-25 02:25 | 2018-07-20 | WOW | WideOpenWest, Inc. | Crestview Partners III GP, L.P. | Director, 10% owner | Cable & Other Pay Television Services | BUY | $10.60 | 166,000 | $1,758,787 | 28,401,687 | +0.6% |
| 2018-07-24 23:46 | 2018-07-23 | CNST | N/A | ORBIMED ADVISORS LLC | 10% owner | Other | BUY | $15.00 | 200,000 | $3,000,000 | 417,921 | +91.8% |
| 2018-07-23 13:11 | 2018-07-20 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.89 | 95,192 | $12,269,002 | 14,495,192 | +0.7% |
| 2018-07-23 23:54 | 2018-07-23 | CNST | N/A | Alexandria Venture Investments, LLC | 10% owner | Other | BUY | $15.00 | 66,667 | $1,000,005 | 216,304 | +44.6% |
| 2018-07-24 03:15 | 2018-07-23 | CNST | N/A | REGENTS OF THE UNIVERSITY OF CALIFORNIA | 10% owner | Other | BUY | $15.00 | 133,333 | $1,999,995 | 2,297,406 | +6.2% |
| 2018-07-24 03:12 | 2018-07-23 | CNST | N/A | Casdin Capital, LLC | 10% owner | Other | BUY | $15.00 | 266,667 | $4,000,005 | 612,450 | +77.1% |
| 2018-07-24 00:07 | 2018-07-23 | ALLK | N/A | RiverVest Venture Fund III, L.P. | 10% owner | Other | BUY | $18.00 | 111,111 | $1,999,998 | 7,371,252 | +1.5% |
| 2018-07-24 04:13 | 2018-07-19 | GRMC | Goldrich Mining Company | Orchow William | Director | Metal Mining | BUY | $35.00 | 853,868 | $29,885,380 | 2,002,428 | +74.3% |
| 2018-07-24 00:08 | 2018-07-23 | ALLK | N/A | MCKEARN JOHN P | Director, 10% owner | Other | BUY | $18.00 | 111,111 | $1,999,998 | 7,371,252 | +1.5% |
| 2018-07-24 03:04 | 2018-07-23 | CNST | N/A | EVNIN ANTHONY B | Director, 10% owner | Other | BUY | $15.00 | 133,334 | $2,000,010 | 2,519,236 | +5.6% |
| 2018-07-24 00:03 | 2018-07-23 | ALLK | N/A | JANNEY DANIEL | Director, 10% owner | Other | BUY | $18.00 | 250,000 | $4,500,000 | 11,519,200 | +2.2% |
| 2018-07-24 00:01 | 2018-07-23 | ALLK | N/A | Alta Partners VIII, L.P. | 10% owner | Other | BUY | $18.00 | 250,000 | $4,500,000 | 11,519,200 | +2.2% |
| 2018-07-23 20:00 | 2018-07-23 | CNST | N/A | Flynn James E | 10% owner, Other | Other | BUY | $15.00 | 200,000 | $3,000,000 | 835,843 | +31.5% |
| 2018-07-20 13:06 | 2018-07-19 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $129.00 | 100,000 | $12,899,660 | 14,400,000 | +0.7% |
| 2018-07-20 23:50 | 2018-07-20 | CRNX | Crinetics Pharmaceuticals, Inc. | Vivo Capital VIII, LLC | 10% owner | Pharmaceutical Preparations | BUY | $18.62 | 353,180 | $6,575,435 | 294,357 | +100.0% |
| 2018-07-20 20:13 | 2018-07-18 | CCB | COASTAL FINANCIAL CORP | Skotdal Andrew P | Director | State Commercial Banks | BUY | $14.50 | 80,000 | $1,160,000 | 427,757 | +23.0% |
| 2018-07-21 02:02 | 2018-07-20 | CRNX | Crinetics Pharmaceuticals, Inc. | 5AM Ventures IV, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 115,000 | $1,955,000 | 139,969 | +460.6% |
| 2018-07-21 00:01 | 2018-07-18 | FNTE | International Money Express, Inc. | COHEN BETSY Z | Director | Services-Business Services, NEC | BUY | $10.05 | 500,000 | $5,025,000 | 500,000 | +100.0% |
| 2018-07-21 00:19 | 2018-07-20 | CRNX | Crinetics Pharmaceuticals, Inc. | PERCEPTIVE ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 400,000 | $6,800,000 | 2,280,305 | +21.3% |
| 2018-07-19 13:04 | 2018-07-18 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.92 | 76,600 | $9,875,356 | 14,300,000 | +0.5% |
| 2018-07-20 00:28 | 2018-07-18 | MIC | Macquarie Infrastructure Corp | MACQUARIE GROUP LTD | 10% owner | Wholesale-Petroleum & Petroleum Products (No Bulk Stations) | BUY | $44.88 | 79,000 | $3,545,496 | 10,491,701 | +0.8% |
| 2018-07-18 16:40 | 2018-07-17 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.49 | 46,400 | $5,962,047 | 14,223,400 | +0.3% |
| 2018-07-18 21:44 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | Hough Thomas A. | Director | Other | BUY | $20,000.00 | 992 | $19,831,400 | 7,109 | +16.2% |
| 2018-07-18 21:39 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | Hawkins Jeffrey B. | Director | Other | BUY | $175,000.00 | 8,676 | $1,518,343,750 | 8,676 | +100.0% |
| 2018-07-18 21:19 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | Ewald Michael A | Director, Officer - President and CEO | Other | BUY | $175,000.00 | 8,676 | $1,518,343,750 | 8,676 | +100.0% |
| 2018-07-18 19:20 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | Boyle Michael John | Officer - Vice President and Treasurer | Other | BUY | $175,000.00 | 8,676 | $1,518,343,750 | 8,676 | +100.0% |
| 2018-07-18 17:55 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | BAIN CAPITAL CREDIT MEMBER, LLC | 10% owner | Other | BUY | $55,526,697.00 | 2,752,935 | $152,861,382,053,025 | 19,287,160 | +16.6% |
| 2018-07-18 17:33 | 2018-07-17 | N/A | Bain Capital Specialty Finance, Inc. | MARGOLIS JAY | Director | Other | BUY | $45,000.00 | 2,231 | $100,396,800 | 15,796 | +16.4% |
| 2018-07-17 14:52 | 2018-07-16 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $127.59 | 77,000 | $9,824,676 | 14,177,000 | +0.5% |
| 2018-07-18 00:12 | 2018-07-16 | WBA | N/A | Barra Ornella | Officer - Co-Chief Operating Officer | Other | BUY | $65.15 | 1,700,000 | $110,755,000 | 1,700,000 | +100.0% |
| 2018-07-17 22:09 | 2018-07-17 | OCIP | N/A | OCIP HOLDING LLC | Director, 10% owner | Other | BUY | $11.50 | 933,203 | $10,731,835 | 86,997,590 | +1.1% |
| 2018-07-18 00:39 | 2018-07-16 | WBA | N/A | Pessina Stefano | Director, Officer, 10% owner - Executive Vice Chairman, CEO | Other | BUY | $63.92 | 1,697,438 | $108,500,237 | 144,788,821 | +1.2% |
| 2018-07-18 03:34 | 2018-07-13 | EGN | N/A | ICAHN CARL C | Other | Other | BUY | $74.81 | 49,899 | $3,733,179 | 5,569,130 | +0.9% |
| 2018-07-18 01:16 | 2018-07-13 | MIC | Macquarie Infrastructure Corp | MACQUARIE GROUP LTD | 10% owner | Wholesale-Petroleum & Petroleum Products (No Bulk Stations) | BUY | $44.64 | 110,990 | $4,954,638 | 10,412,701 | +1.1% |
| 2018-07-18 00:01 | 2018-07-17 | SPRO | Spero Therapeutics, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $12.50 | 80,000 | $1,000,000 | 1,934,006 | +4.3% |
| 2018-07-16 13:35 | 2018-07-13 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.26 | 40,000 | $5,130,544 | 14,100,000 | +0.3% |
| 2018-07-17 04:56 | 2017-09-19 | CIE | N/A | Qin Hui | 10% owner | Other | BUY | $0.99 | 2,856,668 | $2,829,815 | 5,800,000 | +97.1% |
| 2018-07-13 13:31 | 2018-07-12 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.08 | 60,000 | $7,685,088 | 14,060,000 | +0.4% |
| 2018-07-13 23:06 | 2018-07-12 | IBIO | iBio, Inc. | Eastern Capital LTD | 10% owner | Pharmaceutical Preparations | BUY | $0.90 | 2,200,000 | $1,980,000 | 8,457,734 | +35.2% |
| 2018-07-13 18:45 | 2018-07-12 | ESPR | Esperion Therapeutics, Inc. | BIOTECH TARGET N V | 10% owner | Pharmaceutical Preparations | BUY | $41.77 | 50,000 | $2,088,300 | 3,232,964 | +1.6% |
| 2018-07-12 23:18 | 2018-06-25 | EPRT | ESSENTIAL PROPERTIES REALTY TRUST, INC. | Sautel Stephen D | Director | Real Estate Investment Trusts | BUY | $14.00 | 200,000 | $2,800,000 | 207,742 | +2,583.3% |
| 2018-07-12 22:01 | 2018-07-05 | FROPX | N/A | Grunewald Robert | Director, Officer, Other - Chief Executive Officer | Other | BUY | $20.01 | 69,452 | $1,390,000 | 81,952 | +555.6% |
| 2018-07-13 00:43 | 2018-07-11 | MIC | Macquarie Infrastructure Corp | MACQUARIE GROUP LTD | 10% owner | Wholesale-Petroleum & Petroleum Products (No Bulk Stations) | BUY | $44.95 | 213,896 | $9,614,625 | 10,301,711 | +2.1% |
| 2018-07-10 23:28 | 2018-07-06 | TREE | LendingTree, Inc. | GCI LIBERTY, INC. | Director, 10% owner | Loan Brokers | BUY | $213.99 | 220,000 | $47,078,526 | 3,443,989 | +6.8% |
| 2018-07-11 01:45 | 2018-07-06 | MIC | Macquarie Infrastructure Corp | MACQUARIE GROUP LTD | 10% owner | Wholesale-Petroleum & Petroleum Products (No Bulk Stations) | BUY | $44.65 | 168,382 | $7,518,829 | 10,087,815 | +1.7% |
| 2018-07-10 23:55 | 2018-07-06 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $4.38 | 570,776 | $2,499,999 | 4,327,994 | +15.2% |
| 2018-07-10 00:48 | 2018-07-05 | USX | N/A | FULLER MAX L | Director, Officer, 10% owner, Other - Executive Chairman | Other | BUY | $15.47 | 73,000 | $1,128,952 | 633,940 | +13.0% |
| 2018-07-10 03:13 | 2018-07-05 | EGN | N/A | ICAHN CARL C | Other | Other | BUY | $74.43 | 171,117 | $12,735,776 | 5,514,731 | +3.2% |
Institutional Conviction in Form 4
Tracking these institutional-scale purchases allows you to follow the "smart money" when their conviction is highest. When an executive or a 10% beneficial owner commits a seven-figure sum to an open-market transaction, it bypasses the routine noise of stock-based compensation. These trades are often a precursor to major corporate developments or a signal that management views the current market valuation as significantly disconnected from the company’s internal growth trajectory. By monitoring these high-value entries, investors can align their portfolios with the capital of those who possess the most intimate understanding of a business's long-term health and potential.
Filtering the Market Noise
Our platform is designed to eliminate the noise and focus strictly on high-impact accumulation from directors and CEOs betting big on their company’s future. The SEC EDGAR database is frequently flooded with thousands of automated Form 4 filings, many of which involve small, technical, or pre-scheduled trades that offer little predictive value for the average investor. By applying a strict $1,000,000 minimum threshold, we isolate the transactions where insiders are taking substantial personal financial risk. This high-conviction filter serves as a powerful transparency tool, identifying the exact moments when corporate leadership moves away from passive ownership toward aggressive capital deployment.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.